Research On Government Regulation Of Internet Finance Based On Asymmetric Information Theory

In recent years,with the rapid development of internet and mobile communication technology,as the representative of the internet finance,the third party payment,P2P loan,crowdfunding develop rapidly in China.It has changed people's way of life and financial model and has profound influence.Meanwhile,the relevant regulatory measures introduced late,or still in a state of loss,the internet finance industry have some problems,such as the third party payment institutions misappropriation of sedimentary money,the P2P platform absconded,the crowdfunding platform self financing has caused a great impact on the society.Therefore,it has become an urgent problem to explore an effective internet finance regulatory system to promote the healthy development.Based on the theory of asymmetric information in information economics,this paper systematically studies the government regulation of internet finance in China.This paper research on government regulation of internet finance,based on the theory of asymmetric information,analyzes the asymmetric information phenomenon of the internet finance industry,summarizes China's current regulatory problems and policy recommendations.The paper adopts the method of questionnaire survey,through the investigation and study of 235 financial industry front-line employees,systematically expounds the asymmetric information problem and the lack of supervision in the field of the internet finance.The result shows that:the internet finance originates from asymmetric information,and various modes of the internet finance is a useful exploration to alleviate the asymmetric information.But the internet finance has not completely eliminated the asymmetric information.Due to the new format and risk characteristics of the internet finance,some new asymmetric information phenomenon emerge,which is closely related to the asymmetric information of financial ecology in China.By drawing from the supervision practice of United States,Britain and the European Union,the paper suggests that to deal with asymmetric information in China,we should further improve the financial ecological environment,carry out harsher operation supervision on the internet finance institutions.